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Laundromat in Busy Location For Sale
Queens County, NY |
Listing #12244 |
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| Financial Information (non-confidential) |
| Asking Price |
$165,000.00 |
Gross Revenues |
$191,000.00 |
| Down Payment |
$165,000.00 |
Owner’s Cash Flow |
$51,160.00 |
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Financing: $165,000.00 Down and No Terms. Seller wants drivebys only on Sat & Sun when certain employees are there.
Reason for Selling:Retiring
This Laundromat is located on a busy main road, in a high traffic residential area of Queens County, surrounded by 3 story walk ups. It has been established for 12 years. It has 22 Wascomat washing machines and 18 Huebch dryers all aprox 10 years old. The Laundromat does aprox 60% coin 40% drop off and delivers to a few commercial accounts. In the rear off the Laundromat there is an 800 sq ft room that could be set up as another retail business. Owner%u2019s retirement creates this great opportunity for the right person. Grossing $191,000 with a net of aprox $50,000. Asking $165,000 No Terms. If you're looking for a Laundromat with upside potential then this is a must see so inquire now.
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Vested Corporate
Senior Business Broker
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Servicing Area:
This Broker is Servicing All of States
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
